Vikings eat up salary cap space
The Vikings no longer lead the league in salary cap space.
As part of Pat Williams' contract extension, the Vikings ate up $13.2 million in salary cap space, leaving them about $5.2 million for the rest of this season.
As first reported by the website Pro Football Talk, the Vikings used the "likely to be earned incentive" to boost up the deal, although there is no expectation that Williams will be able to fulfill those incentives. As a result, they will get a credit on the 2008 salary cap.
Currently, the projection is for the cap to be around $116 million (it's $109 this season), which means the Vikings would, in reality, have $129 million in space.
So are the Vikings preparing for a splurge?
Not exactly. The Vikings have done this for the last several years.
As part of Pat Williams' contract extension, the Vikings ate up $13.2 million in salary cap space, leaving them about $5.2 million for the rest of this season.
As first reported by the website Pro Football Talk, the Vikings used the "likely to be earned incentive" to boost up the deal, although there is no expectation that Williams will be able to fulfill those incentives. As a result, they will get a credit on the 2008 salary cap.
Currently, the projection is for the cap to be around $116 million (it's $109 this season), which means the Vikings would, in reality, have $129 million in space.
So are the Vikings preparing for a splurge?
Not exactly. The Vikings have done this for the last several years.
2 Comments:
While I disagree with many of the current regime's decisions, their cap management has been excellent. The key to success is keeping one's own players, and by having cap room each year it allows one to do so without having long-term cap problems.
Should there be a Salary Cap in English Football?
Personally I think there should be! It’s just getting to be stupid money in football at the top of the premiership!
It’s always the same teams at the top proving that football success is based purely on money which ruins the idea of it being a sport! They’ve done it in rugby, basketball, hockey and American football and it makes the sports more competitive and better to watch!
I do a little Spread Betting from time to time and most matches don’t hold much surprise who is going to win, its boring! I want to see a team at the bottom pulling off an amazing season beating last seasons winners in a close fought battle!
Make things fair! It shouldn’t be about money!
Plus!
All there is all that money in the premiership and barely any of it stays in the UK so it’s not even helping the economy!
From my Spread Betting, if I ever win big (which is never, I’m unlucky) it’s still nothing compared to the average premiership players weekly wage!
This Rant was brought to you by Spread Betting Spike.
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